Reeves ‘planning to cut state aid’ for AstraZeneca project in Merseyside
by Jack Simpson from World news | The Guardian on (#6PZ4J)
Chancellor reportedly seeking to cut 20m from the 65m promised to expand site by Jeremy Hunt in March
A 450m plan to expand an AstraZeneca vaccine-manufacturing site in Merseyside has suffered a blow after it emerged the government plans to cut some of the funding for the scheme.
It is understood that the chancellor, Rachel Reeves, is considering reducing the state aid earmarked for the scheme by more than 20m after her predecessor, Jeremy Hunt, had promised the pharmaceutical company 65m.
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